Forbes lists Dallas Top 10 Best Cities for Business and Careers

Dallas ranked 10th on the prestigious Best Places for Business and Careers list published by Forbes magazine.

“Our look at America’s Best Places for Business showcases the stark contrast between Texas—with its low-cost, pro-business regulatory environment (5 cities among the top 25, led by Austin at No. 7)—and overregulated and wildly expensive California (home to 8 cities that rank in the bottom 25, including No. 200 Merced). Texas was one of the last economies to succumb to the recession and one of the first to bounce back, while California is limping along with an unemployment rate of 11.7%” wrote Badenhausen of Forbes.

Forbes based its ranking on past and projected job growth, costs of business and living, income growth, educational attainment and projected economic growth. It also factored in such things as crime rates, cultural and recreational opportunities and net migration patterns. Also, the magazine looked at the number of highly ranked universities in an area.